$460,000
●
Condo -
Off Market
21 Brookledge Rd. #2
Melrose, MA 02176
2 Beds
1 Bath
1,044 Ft²
$712,590
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model
About This Property
Complete gut job on this gorgeous new condo conversion in wonderful
neighborhood of Melrose features open floor concept with living
room, dining room & kitchen, 2 bedrooms, 1 full baths, kitchen is
fully applianced with granite counter tops, beautiful in-style
cabinetry, stainless steel appliances, beautiful fireplace,
exclusive laundry area hookups in basement with ample storage and
potential to be finished, gleaming hardwood floors throughout,
central heat & AC, 3 tandem parking spots, large yard for your pet
and/or kids to run around and fun summer BBQ's, close to public
transportation and easy access to Rt1 & 93, mnts to Oak Grove.
Benefit from the conveniences of Melrose's thriving downtown
including Whole Foods, fabulous restaurants such as Turner's,
Stearns & Hills, Mexico Lindo, T'Ahpas 529, La Q'Chara & more. This
is one of 2 units. OH Saturday 4/1/ 10:30am-12:00pm & Sunday
4/2 1:00pm-2:30pm. Offers due 4/3rd@ noon. For Private Showings or
questions call Listing Agent.
Unit Size
1,044 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$431
Property Type
Condo
Property Taxes
$470
HOA Dues
$9,999
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 years ago (MLSPIN #72133795)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2020 | Sold | ||
| Sold | |||
| Jun 24, 2020 | Listed by Berkshire Hathaway HomeServices Warren Residential | $465,000 | |
| Listed by Berkshire Hathaway HomeServices Warren Residential | |||
| | |||
|
WELCOMING EAST SIDE CONDO in fantastic location! Renovated from the studs up in 2017 this 5 room, 2 bedroom, 1 bath home offers tons of natural light, beautiful hardwood floors throughout and an easy, open floor plan. Lovely fireplaced living room w/ flat-screen TV mounting system flows easily into the open-concept dining room/kitchen w/ soapstone countertops, eat in-peninsula and stainless steel appliances. Two bedrooms w/ custom closets and full bath complete the living area. Private porch for morning coffee or a nightcap and exclusive laundry area in basement has plenty of storage and potential to be finished. Central Air! Large fenced yard perfect for BBQ's, entertaining family and friends or just relaxing! 3 car tandem parking and close to public transportation. Commuters will love the easy access to Oak Grove, Commuter Rail and Routes 1, 93 & 95. Enjoy a walk to the the Common or head down town to take advantage of all Melrose has to offer!
| |||
| May 31, 2017 | Sold | ||
| Sold | |||
| Mar 21, 2017 | Listed by Berkshire Hathaway HomeServices Warren Residential | $449,901 | |
| Listed by Berkshire Hathaway HomeServices Warren Residential | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: First
Width: 21
Length: 11
Features: Flooring - Hardwood
Area: 231
Area: 48
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Length: 6
Level: First
Width: 8
Level: First
Features: Closet, Flooring - Hardwood
Width: 12
Length: 9
Area: 108
Width: 8
Features: Flooring - Hardwood
Length: 11
Level: First
Area: 88
Length: 11
Level: First
Area: 176
Features: Flooring - Hardwood
Width: 16
Features: Closet, Flooring - Hardwood
Level: First
Length: 13
Width: 12
Area: 156
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Tile, Hardwood
Laundry Features: In Basement, In Building, Washer Hookup
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street, Assigned
Exterior Details
Entry Level: 2
Year Built Source: Owner
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Garden, 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Zoning: URA
Parcel Number: 656895
Water Source: Public
Financial Details
Tax Assessed Value: $457,800
Tax Annual Amount: $5,645
Utilities Details
Utilities: for Gas Range, Washer Hookup
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds
Association Fee Frequency: Monthly
HOA Fee: $9,999
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/24/2020
|
2 Bed
|
1 Bath
|
1011 ft²
|
$465,000
2 Bed
1 Bath
1011 ft²
|
$488,000
+4.95%
07/31/2020
|
The Kim Perrotti Team
Leading Edge Real Estate
| |
|
03/21/2017
|
2 Bed
|
1 Bath
|
1044 ft²
|
$449,901
2 Bed
1 Bath
1044 ft²
|
$455,000
+1.13%
05/24/2017
|
Otto Iglesias
Compass
| |
|
03/21/2017
|
2 Bed
|
1 Bath
|
1044 ft²
|
$449,901
2 Bed
1 Bath
1044 ft²
|
$460,000
+2.24%
05/31/2017
|
The Janet Aguilar Team
RE/MAX Leading Edge
| |
|
05/26/2016
| |
4 Bed
|
2 Bath
|
2088 ft²
|
$499,900
4 Bed
2 Bath
2088 ft²
|
$510,000
+2.02%
08/05/2016
|
Kristi Connors - Taylor
Coldwell Banker Realty
|
|
02/22/1997
| |
4 Bed
|
-
|
-
|
$207,500
4 Bed
-
|
$207,500
04/24/1997
|
Thomas Treacy
Anderson Treacy Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017